Immutep Limited Stock Odds of Future Pink Sheet Price Finishing Over 0.26
| PRRUF Stock | USD 0.26 0.00 0.00% |
Immutep |
Immutep Target Price Odds to finish over 0.26
The tendency of Immutep Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.26 | 90 days | 0.26 | about 19.84 |
Based on a normal probability distribution, the odds of Immutep to move above the current price in 90 days from now is about 19.84 (This Immutep Limited probability density function shows the probability of Immutep Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Immutep has a beta of 0.0156 indicating as returns on the market go up, Immutep average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Immutep Limited will be expected to be much smaller as well. Additionally Immutep Limited has an alpha of 0.1869, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Immutep Price Density |
| Price |
Predictive Modules for Immutep
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Immutep Limited. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Immutep's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Immutep Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Immutep is not an exception. The market had few large corrections towards the Immutep's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Immutep Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Immutep within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.19 | |
β | Beta against NYSE Composite | 0.02 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.10 |
Immutep Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Immutep for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Immutep Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Immutep Limited has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 247.66 K. Net Loss for the year was (32.21 M) with loss before overhead, payroll, taxes, and interest of (26.63 M). | |
| Immutep Limited has accumulated about 80 M in cash with (30.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. |
Immutep Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Immutep Pink Sheet often depends not only on the future outlook of the current and potential Immutep's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Immutep's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 866.2 M |
Immutep Technical Analysis
Immutep's future price can be derived by breaking down and analyzing its technical indicators over time. Immutep Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Immutep Limited. In general, you should focus on analyzing Immutep Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Immutep Predictive Forecast Models
Immutep's time-series forecasting models is one of many Immutep's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Immutep's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Immutep Limited
Checking the ongoing alerts about Immutep for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Immutep Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Immutep Limited has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 247.66 K. Net Loss for the year was (32.21 M) with loss before overhead, payroll, taxes, and interest of (26.63 M). | |
| Immutep Limited has accumulated about 80 M in cash with (30.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. |
Other Information on Investing in Immutep Pink Sheet
Immutep financial ratios help investors to determine whether Immutep Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Immutep with respect to the benefits of owning Immutep security.